Total U.S. money-market mutual-fund assets fell $19.78 billion to $2.666 trillion for the week that ended Wednesday, according to the Investment Company Institute.
The seven-day average yield on money-market mutual funds was unchanged at 0.01 percent from the previous week, according to Money Fund Report, a service of iMoneyNet. The seven-day compounded yield was flat at 0.01 percent.
The 30-day yield and the 30-day compounded yield were both unchanged at 0.01 percent, Money Fund Report said.
The average maturity of portfolios held by money market mutual funds was unchanged at 48 days.
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Bankrate.com said its survey of 100 leading commercial banks, savings and loan associations and savings banks in the nation’s 10 largest markets showed the annual percentage yield available on money-market accounts was unchanged from the week before at 0.10 percent.
Bankrate said that the annual percentage yield available on interest-bearing checking accounts was unchanged from the week before at 0.05 percent.
Bankrate.com said the annual percentage yield on six-month certificates of deposit was unchanged at 0.14 percent, flat at 0.23 percent for one-year CDs, unchanged at 0.37 percent on two-year CDs and unchanged at 0.79 percent for five-year yields.